Bonlon Industries Ltd — Others, 07-04-2025: The Company has informed the BSE that Board of Directors of the Company in their meeting held today on April 07, 2025, has decided to amend the capital clause of Memorandum of Association ....

The Board of Directors of Bonlon Industries has announced a board meeting, where they approved an increase in authorized share capital from ₹15 Cr to ₹35 Cr, pending member approval. They also intend to raise funds by issuing up to 2,00,60,000 fully convertible warrants at an issue price of ₹33 each, targeting both promoter and non-promoter investors for a total of up to ₹66.20 Cr. A postal ballot will be conducted to seek shareholder consent for these matters. This strategic move may strengthen the company’s financial position and investor confidence, presenting a positive outlook as it enhances capital resources.